Thomas Sowell - Obama Going Forward

In an interview just prior to the 2012 election, Professor Sowell looks ahead at the likely implications of Obama's reelection. www.LibertyPen.com

[@hasdrubal121]

Thomas Sowell is what our young people should be idolising. Genuinely wish I'd heard of him sooner. A great man.

[@trishfitzpatrick2066]

I read Sowell for years and never knew he was 1) older than I by a lot and 2) BLACK! He is a stunning giant with massive intellect.

[@joelpacheco4748]

Not that far as idolizing but listening..

[@trishfitzpatrick2066]

@@joelpacheco4748 Dr. Sowell's backstory is really interesting. He was a young Black rebel and his family finally told him to hit the bricks for his trouble making. Resentful and naive, he discovered the value of a meal when it became clear he would have to support himself. Literally standing in front of a diner's window, he recalled feeling nearly faint with hunger especially since he could smell the burgers cooking within. A patron noticed and waved him in. He asked why Sowell was unable to buy a burger and the conversation that followed was the pivot point of his life. The man summoned a waitress and told her to keep the burgers coming while Sowell told his life story. At the end, this kind individual recommended he join the Marines so he could learn order, discipline, and dedication. Sowell did just that. When he got out, he began to research Karl Marx's revolutionist theories as a student under the GI Bill. Having consumed all 2,500 pages of Marx, he began promoting Socialism. But in his ensuing years he came to understand with much more clarity that Socialism is a trap. In his decades of research, he became a powerful champion of INDIVIDUAL initiative and freedom especially for young Black citizens. College professors refuse to debate him since he is an expert on Marx but students are very enthusiastic consumers of his dozens of books.

[@joelpacheco4748]

@@trishfitzpatrick2066 I can't reject the idea that he is an excellent citizen, I start swatching his debates by mere coincidence, and he is amazing and now reading the quick biography that you shared amazes me more. Don't get me wrong, I've learned a lot in very little from him, I'm just saying that the idolizing exaggerates reality when is tors a human being..

[@trishfitzpatrick2066]

@@joelpacheco4748 Very much agree. I can separate the concept of Thomas Sowell's utility and his person. I have most of his books and use them as a resource often for economic issues. But I also find him a curious person full of surprising revelations. One of his most recent works is Discrimination and Disparities, discussing the idea of distribution. Somehow we humans like to believe that there will be some degree of evenly distributed attributes among elements, whether personal or in nature. But it is absolutely untrue. Example, I lived in Florida where some 90% of lightning strikes of the world occur. I can easily testify to that; we had to head indoors pretty much every afternoon of the summer for our regular strikes. We were hit in the backyard several times and they were SPECTACULAR! One strike literally caused a timer to go off all by itself and I had trouble hearing for a couple of days! I lived in Alabama which is at the tail end of Tornado Alley and got caught in one personally. This area is about 90% of the world's tornadoes. Ashkenazi Jews are 2% of the US and yet 27% of United States Nobel prize winners in the 20th century, 25% of the winners of the Fields Medal (the top prize in mathematics), and 25% of Alan Turing (computations) Award winners. They have the highest average IQ as a group and kick ass in stuff like verbal reasoning, working memory, and mathematical computation. However, they're kinda dumb in visual/spatial reckoning. A tennis court size pond in the Amazon Rain forest contains 80 times more species of fish than are found in all bodies of water together in the UK. Why this is all true is fascinating. How it occurs to a person to think of these things... research and write about this stuff is amazing all by itself. And I am reminded constantly what a slug I am in comparison, LOL!

[@brando555555]

I love how he just sits there rolling his eyes

[@BucketheadChuck]

+brandon And laughing his ass off after the clip ends.

[@bernlin2000]

Probably cause he knows that populism gets em...every time. Ge them feeling warm and happy that Obama will fix the universe and they start clapping like trained seals (Democrats, of course...). Sowell has been rolling his eyes for a LOOOOOONNNNNG time now, lol

[@emcats84]

It is what you do when you know you are hearing clear bullshit.

[@curti0305]

The first 30 seconds had me in tears watching him react to her talkng 🤣

[@ericgarland3133]

My favorite part is when he listens to Obama and starts laughing. That is the same reaction I always have.

[@barahng]

Yeah... its hilarious until you realize he is ruining the economy with his ideals.

[@mrmtn37]

Yep. GOOGLE MAPS find where intelligence and common sense live. I almost cant stand to even be near any blathering idiot attempts to exthort the virtues of either party. As long as the majority are pinheads our President will be a punhead!!!

[@royguster5576]

Thomas Sowell is full of SHIT!

[@savagetv6460]

@@royguster5576 socialism doesn't work

[@grichkatayou7558]

Roy Guster thank you, these people are funny , we’ve been having a little bit of Sowell type ideas with Trump and I think now smart people can all see that...

[@rinkichamkar]

"The only way the Constitution protects us is if we protect the Constitution" .... Some of the most profound words I have ever heard.

[@lawrencebaxa5563]

Thomas Sowell expresses my personal convictions.

[@connorism69]

Lol, his reaction to the Michelle Obama clip is priceless!

[@gatsbylight4766]

yep.. the way he was looking at her clip with his mouth wide open... staring and wishing he had a woman as cute.... I thought he was going to need a drool cup.

[@joshlienhardt3619]

What a great intellectual comeback 🙄

[@savagetv6460]

@@gatsbylight4766 people also have their mouths open when watching sheer stupidity

[@savagetv6460]

@@gatsbylight4766 Michelle looks like a man in drag

[@jklavz]

Michael.

[@greeneyeddevil7251]

1:13 --- My new line. "It's like being a mosquito at a nudist colony; I don't know where to start."

[@tienngo9993]

That is priceless. 😂😂😂

[@bunkerbill]

I've made that part of my repertoire.

[@curti0305]

I love the jokes old men make 😄

[@chefstevekirsch]

If people actually looked at this stuff in depth, Clinton would be NOWHERE NEAR as popular as he is.

[@MondoBeno]

I saw photos of the Federal food aid during the Depression, people were getting potatoes, beets, carrots, turnips, cabbage, etc. It was all root vegetables or hearty stuff that didn't need refrigeration. Today it's hamburger helper, kraft mac n' cheese, canned soups, junk food, etc. The free food was healthier in the 1930's, even though there wasn't all this talk about nutrition.

[@bchenley]

Dr. Sowell's facial reaction at 1:03 is more priceless than his knowledge.

[@redsox1006]

The look on Thomas Sowell's face while Michelle Obama was speaking was priceless.

[@ericgarland3133]

It's too bad that when Dr Sowell is putting Slick Willie in his place that it's not to his face.

[@VolumedMusicMan]

Eric Garland Clinton would have people vanish and never heard from again if you said stuff to him and his wife upfront. His wife has the Chicago mafia mentality.She is his bull shark.

[@frankpaya690]

This is a public announcement, I don't know how you can claim it's behind Obama's back.

[@williamcoleman419]

I love Thomas so truly a genius. I wish you would run for office !

[@skyline44512]

I really hope Thomas Sowell lives to be 200 years old. I just finished "Economic Facts and Fallacies", phenomenal book!

[@AmRonPaulian]

Thank you Dr. Sowell for teaching us to cross the borders of ethnicity, race, and religion to find the unpopular truth that most of people are trying to avoid!

[@roberthartman9748]

Great video! After reading just a few comments, I see this mans thoughts & points must be substantial. Why else are they attacked so much?

[@ichihentai]

It is most unfortunate that our first black president has turned out to be a failure in every department.

[@ivancampbell8123]

How is he feeling be more specific???????

[@ivancampbell8123]

Nala how is he failing be more specific?

[@ganzano]

How is BO failing? Let's look at how well his foreign policies work, shall we? We were supposed to close up the wars, not expand them. FAILURE. He said he'd break through old partisan barriers. When he didn't, he blamed his opponents. He should have blamed himself. FAILURE. Obama's coziness with, and failure to regulate or punish, the big banks. FAILURE.

[@vikingbase]

It's easy to say "all is good" if the government is propping up the economy. $19 trillion and growing. That is why the federal bank refuses to raise interest rates. When Obama leaves office and the rates HAVE to go up all our taxes will have to pay interest on $20 trillion debt. That will not leave any money to cover anything else. I feel sorry gor who ever gollows Obummer.

[@MyHeartBeatistheWorld]

Anything democrat seems bound to fail.....🤷🏿‍♂️

[@hadley101]

Thomas Sowell for President - 2016

[@cdrpaige9486]

I'm in.

[@evilnick2885]

+Sophia Balbuena so what McCain was like 105

[@TrinidadJamesWoods]

hadley101 principled individuals do not run for office. the political system is so irrevocably corrupt that good people simply either refuse to exist within its framework, or get into office and become corrupted by its machinations. as a country, we need real change - first and foremost removing big money and lobbying from the system entirely.

[@xxCCBBxx]

Thomas Sowell needs to speak up in 2016 and bring himself to the mainstream like Friedman did. I feel that with Rand Paul running and people like Sowell educating people, our country could get back on track.

[@stevek8559]

Amen!

[@bategs900]

xxCCBBxx the American public is not ready for a person like sowell. he is too sophisticated for the average Joe to grasp his writings.

[@Rokdar1]

What a GENIUS! I salute you, Prof. Sowell!

[@BarbaraJoanneBJ]

I love this man.

[@evilnick2885]

+BarbaraJoanneBJ I wanna rub his shoulders

[@BucketheadChuck]

+Evil Nick That's... specific.

[@BarbaraJoanneBJ]

Your comment means what?

[@jereladjohnson]

Obama, has got to go..

[@Hrotto2]

Why not just let the man finish out his term? Why not let this country feel the weight of its mistake?

[@jereladjohnson]

Hrotto2 While, I don't agree with this. That is a very strong argument, very good point.. Perhaps to prevent this from happening again.

[@Hrotto2]

If the conservatives managed to get a foothold in the world of academia, then I'd be using the text book that referred to Obama as 'The Great Imitator'

[@jereladjohnson]

diongwi I was thinking the same thing when I typed it.. lol

[@jereladjohnson]

Algo+codehawk Your comment also shows why the free market, will always do just about everything better than the state..

[@mala265]

I always thumb Thomas Sowell up before Ive watched the whole video... the guys brilliant.

[@WebGuyCom]

Thomas Sowell is a ROCK STAR!

[@ivancampbell8123]

Thomas Sowell is a Rockstar bring the facts my friend. Why is he a ROckstar

[@socraytes]

Ivan Campbell Why is he "not" a rockstar? How's that?

[@ivancampbell8123]

socraytes This guy is an idiot is more than obvious. Socraytes reducing the tax rates and cutting government spending could not guarantee reduction in unemployment this more tan obvious THIS FREAKING GUY IS USING HIS INFLUENCE, HIS PHD TO WRITESTUPID BOOKS AND MAKE BELIEVE SOMETHING TOTAL ILOGICAL

[@williamvasquez8167]

Ivan Campbell you sure Sowell is the idiot? you obviously dont understand what Sowell was saying. he never said reducing taxes and cutting govt spending would reduce unemployment. He said govt just gets out of the way and let the market fix itself. This has been proven time and time again. Just look at history as your tool for knowledge. You should read his book before judging him. Its a good book. Oh and its far from Illogical.

[@ivancampbell8123]

William Vasquez Williams is Sowell is not involve in interest remember he is from the Hoover Instiute a right wing organization he gets paid thousands or probably millions to said these things. Any economist will admit that the economy situation is much better now that it was in 2009 after loosing 750,000 jobs every month now with a net gain of 118,000 jobs a month. Now if you know so much about history tell me when the government has not intervene and if the economy got better mention me one period of time?????

[@DoctahDizzle]

This is a great man...I hope to meet him...

[@RustyHeels06]

I'm glad someone else besides me understands the link between the forced relaxation of lending standards, the boom in federally subsidized loans which were later used as the basis of mortgage-backed securities, and the subsequent bust of the housing market. It's not simply "the Banks got greedy.' Sure they did, but governmental tampering with the market facilitated and encouraged it.

[@truthseekerlarge7713]

Affirmative action for a President. Priceless!

[@josepht3713]

A brilliant mind that i wish i knew about years ago. This man was spot on about obuma

[@mala265]

Loved Sowells answer to the question at 8:15.

[@breadkrumbs]

That eye roll during Michelle's speech is everything

[@lucas5101]

Thomas Sowell is a good wise man.

[@tomchristian9932]

As always thank you Thomas for your brilliant insight !

[@evilnick2885]

LOVE HIS FACE the first 40 seconds.... HA!

[@philosopher1a]

"You don't satisfy greed by lending people money they won't be able to pay back" That's succinct and sublime. That's one of reasons I love this guy! He nails complex issues with simple observation. The republicans need to listen to this guy and required learning. Rest assured Oman hates Professor Sowell.

[@monjiaitaly]

Brilliant man!!!!

[@ElainesDomain]

Once you see Michael Obama's 5 o'clock shadow you can't un-see it.

[@QUINSYlarynx]

Sowell's expression as Michelle speaks is priceless.

[@theunrealjackson]

Yes we do, but if you've seen Sowells other interviews (here on KZbin), I don't think he would take too kindly to being called an intellectual!

[@luxorien]

He's Thomas fucking Sowell! So badass, they had to come up with a new noun just for him.

[@ilovelamp61]

"I wonder if the 'fair shot' includes the taxpayers?" HAHAHA I love this guy!

[@runamuk8485]

intelligent man, god bless him

[@connorevanoff266]

My question is why do these videos all have less than 10,000 views? That's the biggest part of our problem...

[@Mogtepyigsoloth]

JOBS? JOBS I CAN RAISE A FAMILY ON? CAUSED BY OBAMA? WHERE? WHEN? ROFLMAO

[@BigMathis]

Look up Jared Taylor and John Lott

[@davidmaina443]

This was prophetic

[@jamesdavis9036]

The last minute is very important, given what many people today say about Biden and the economy.

[@DWHalse]

Wise man..Americans will rise up and continue to protect the Constitution, you can take that to the bank!

[@benjaminbrown8164]

I was first introduced to the concept of the Constitution suffering damage by the Mark Levin radio broadcast. It is a very valid point that escapes a lot of voters. We must protect it and BTW am I the only one who thinks the host should just ask the question and let Sowell speak.

[@frankpaya690]

It escapes more than the average person, rarely do I hear any mention of how these federally appointed district court judges make up "constitutional" law off the top of their heads because they know there's no accountability process for them. It's the scumbag judges that are mainstreaming this Insanity in to society when they rule in favor of things that they shouldn't even be hearing in the first place.Currently the Constitution is whatever these crackpot- corrupt judges claim it is. they are the Closest thing we have to an autocratic monarchy, the lifetime appointed, unaccountable- federal court judges .

[@precisionrider]

The truth is the majority did not read the paperwork of these mortgages before signing them, namely the person taking responsibility for said loan

[@Bux7777]

I wanna trade Obama for this guy

[@fzqlcs]

9:22 - It's just a simple misunderstanding on the definition of a word. No big deal.

[@guiltreaper37]

I thought I was the only one watching is face when she was talking...I love this man (Philos Love)

[@BruceLeeManMythLegend]

Keywords...everyone does their fair share.

[@guiltreaper37]

I am so glad they got in the papers for that, good for them. I am also glad these men took upon themselves to spend other peoples money to fix the problem. Funny I didn't remember there being a problem before politician started talking about, but oh well I digress. What they did was increase government intervention. Mr. Milton was against government intervention. Could you think about it for on second. Why do you think the housing bubble popped. Corporate greed or the government pushing...

[@madmaxxmad2]

I'm always suprised when commenters use a 150 year old term like "uncle tom" that has no meaning in todays world. No one alive in America today has a owned a slave. Nor are there any Black men today betraying their race by speaking their mind, or being confident in their opinons. jahangiro's logic wouldn't Obama be in his category? Sowell - Stanford, Hoover, UCLA, Urban, Brandeis, Cornell... This person is so much smarter than most people including me.

[@gshooting]

Since they joined the Euro, that caused an imbalance of transfer payments across the Eurozone nations, and foreign money poured into Spain's real estate sector, causing a housing bubble. When that bubble collapsed, Spain were in a debt crisis because they had lost control of their monetary policy and the ability to print their own currency, when they joined the Euro and they couldn't spend their way out of recessions anymore.

[@davidbushhouse1730]

Name banner fail! Evidently Tom is a Suthor, not an author. 5:15

[@dashonhurts]

Because he is smarter than the previous two Presidents? After Reagan, its been down his from there!

[@gshooting]

Apparently for all Sowell's complaints about how Europe doesn't understand arithmetic, neither does he, because when you have nations sharing a currency, not all the nations can be in surplus, as a matter of basic accounting, and it's no wonder then that Germany has profited from the Euro, exporting heavily to its neighbouring consumer nations while others are in trouble.

[@zigakorsika9472]

Does anyone know the title of the song in the intro ?

[@DystopianEmpire01]

Truly.

[@brianlaudrupchannel]

This guys brain is too powerful

[@MrMonkeyhanger]

Well that's grand, but my initial response was to somebody claiming government regulation was at fault for the crisis. I'm not saying governments actions haven't contributed to it, just that the net results of their actions have been to reduce market regulations, not increase them. Post-incident intervention, right or wrong, isn't the same as regulation, bail-outs weren't the cause of the crisis, and it's not what I was talking about. Certainly there's a debate to be had about whether in a ...

[@Deathprf88]

I like how people are calling this a propaganda skit and BS, lol shows how much intelligence they posses...this is a well renown economists who's been in the games for decades already lol

[@xXvolhvXx]

An organism is not an indivisible system, either (cells, organelles, molecules). When all is said and done, I agree with you, but seeing that certainty here doesn't abound, your confidence on the matter alarms me somewhat. The difference between the entrepreneur and the government official is the object of their responsibility: the entrepreneur's responsibility encompasses only one's own business, whereas the official is elected or appointed to overlook public business (in the broader sense).

[@AlexNeilEzell]

I wish Obama would try to debate Mr. Sowell. It would be a riot LOL.

[@lightlittlebrownboy]

Like I just did. Right there.

[@LucasBarbosa-qh5ke]

Thomas Sowell laughs so much in response to all the left-wing nonsense brought up on this video. It's absolutely hilarious lmao

[@Unevaluated]

He was criticising the hypocrisy, not the principle

[@63Bueno]

A more accurate analogy would go like this. You go to the doctor for a routine checkup. In that routine checkup lets say he happens to use some dirty equipment, giving you an infection. You come back to him for treatment of the infection. He again unknowingly uses unsanitary equipment furthring the infection, and this goes on and on neither him nor you knowing why your entire body is riddled with infection. Can't fix an economy using the same principles that got you into the mess intitially

[@akocentral]

Right, Michelle

[@tilleygcar47]

Sowell is scholarship and common sense in one man. What a rarity!

[@myredute]

Put simply, when you get a President like Donald Trump in 2016, it makes you realize just how bad Obama & Clinton really were!

[@buddyjenkins7188]

It is a shame that we don't have this kind of logic in Congress and the White House.

[@ivancampbell8123]

Fannie and Freddy ha standars to secure this loans seems to me that U havent read about Fannie and Freddy at all U keep repeting what others are saying one of the problems that Fannie and Freddy did in securing loans with sofisticated financial instruments and the lenders did not explain to the homeowners is most cases

[@rredhawk]

Sounds like he could have been a contender for Secretary of Defense in Ron Paul's cabinet had the latter won last November.

[@millionholes]

Obama's Great Leap Forward

[@ivancampbell8123]

Yes, he did

[@kroovyandcal]

There is no greater love than a free market.

[@swissecon]

It's like being a mosquito in a nudist colony. You don't know where to start.

[@Hands2HealNow]

Why don't they mention the removal of "Glass/Steigle"?

[@mala265]

:))) Hey ... Happy New Year :))

[@ivancampbell3415]

MontyPython id U read about the Affordable Housing Act???????????????

[@brianwellbrock8431]

This guy doesnt smile when he laughs. He needs to be Pences running mate in 2024.

[@LittleHatori]

I'd vote for that

[@ghirardellichocolate201]

Did you? You know what he said? You better run for your life.

[@whosedoingwhat]

Great one, a mosquito at a nudist colony! How true!!! O.B.A.M.A including his halo lol

[@63Bueno]

I think on the macro scale its quite easy to see why we are in the mess we are. We have borrwed, spent and inflated our way into this mess. And those same things are all coming down from the top as "fixes" to our problem of overconsumption. Its insanity.

[@bentleyemail]

Write before you think much?

[@glanemann]

Stop twisting my words around. I get what you're doing. I'm not implying anyone be forced to do anything.

[@Aphoresis]

What percentage of that was defense spending? Or is the argument that the Cold War build up was just a pretext for enacting Keynsian economics?

[@LeenaStark]

How GREAT America could have been IF the people had elected *Thomas Sowell* as a PERMANENT PRESIDENT when he was 45 yrs old. Honest men can never be *politicians* ---- *deception* is not in their nature.

[@mainsqueeze1977]

1. Only Sowell didn't blame it all on Clinton. But the point was a response to Clinton who blamed it all on Republicans when he himself should know about his share of the blame. 2. Recession, of course. But it was Mrs Obama who claimed it all for her husband. 3. He didn't talk about a prsident 150 years ago but about Harding who was president in the 1920s. And of course, unemployment was recorded in the 20s. After all, Sowell gives the figures. PS. Biasness is not a word.

[@TheWarDog11]

Sowell would dismantle obamma in a debate in just a few minutes.

[@marthacmd]

MICHELE IS TALKING ABOUT TWO AMERICA'S THE 1% AND THE 99% JOBS FOR THE 1% AND THIER FRIENDS...NOT FOR THE REST OF US

[@frankpaya690]

And that's what the useful idiots and clapping seals never seem to think of: most of these Democrat politicians are worth tens of millions of dollars, they don't live like the fools voting for them, blindly.

[@ghirardellichocolate201]

To wide open your eyes, where there is a will there is a way and let me tell you starting from the bottom of my heart was not the one. My mathematical skills mattered. The rest was safety which if you are wise then you know how to entitle people.

[@bwebmasta1]

You are painfully not aware of what is going on. The statement you made clearly shows it.

[@terrypussypower]

I was sure that title music was Pentangle! It’s them to a “T”! But no, it’s Nate Leath’s version of “Take Five”!

[@tonycampanelli4938]

Barack Obama religion in his own mind anybody could say it was a great president doesn't know what the hell they're talking about it with one of the worst presidents we ever had.

[@xXvolhvXx]

The United States has made its way out of situations worse than the present one. The debt now is 74% of GDP; by the end of WWII it was 112% of GDP. I don't buy that the United States is declining. It made sense to people when the Great Recession was here, but the Recession was nothing compared to the Depression. What's your definition of “overconsumption”? There's no economy without consumption.

[@MrMonkeyhanger]

Clinton enacted the Gramm-Leach-Bliley Act, removing regulations preventing financial institutions from consolidating. He also authorized the buying of sub-prime mortgages, encouraging loans to low-income households, which was in turn further encouraged by the Bush administration who looked to actively increase this type of lending. All of this is market deregulation. Don't think there's much there that you couldn't find in pretty much any newspaper or economic journal.

[@dgunner70]

We need more common sense intilectual minds like this to lead this country.